State of Wisconsin Reduces Grayscale Bitcoin Trust Holdings But Adds More BlackRock BTC ETF Shares: SEC Filing – The Daily Hodl
The Wisconsin Investment Board (SWIB) appears to have reduced its exposure to grayscale Bitcoin Trust Exchange trading funds and added its position with BlackRock's iShares Bitcoin ETF. a New filing The Securities and Exchange Commission (SEC) indicates that SWIB holds 6,060,351 stakes in BlackRock's IBIT. As the fund's transaction is $55.33 at the time of […]
Why ageless BlackRock boss Larry Fink has no plans to retire
One of the big questions on Wall Street is when Larry Fink, the longtime CEO and founder of manager management giant BlackRock, decides to retire. Answer: If Fink has his way, never. The CEO of the world's largest asset management company warns his top people that he is sticking to a foreseeable future, at least […]
Decision on BlackRock Ethereum ETF Options Delayed by SEC – U.Today
The US Securities and Exchange Commission (SEC) It's postponed Decision regarding the approval of BlackRock's iShares Ethereum Trust ETF (ETHA) options. BlackRock and Nasdaq proposed a change in the rules last August that would allow options for Spot Ethereum ETF to be exchanged. The SEC will need to decide whether the option can be approved […]
New ETFs from BlackRock take aim at $6 trillion money market fund industry – CNBC
BlackRock's huge ETF business has expanded to a new trillion dollar category. On Wednesday, the asset manager launched two missions ETFs: ishares Prime Money Market ETF (PMMF) and ISHARES Government Money Money Market ETF (GMMF). According to the investment company, the money Money Market Fund, which is usually a sleepy corner in the investment world, […]
Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF – CoinDesk
NASDAQ has submitted proposed rules to allow the BlackRock IsharaS Bitcoin Trust (Ibit) to create and redeem the actual product. Friday Submitted to the US Securities and Exchange Commission (SEC). This process allows a large -scale institutional investor called APS (APS) directly can purchase and redeem the funds of the fund (BTC). AP is considered […]
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee reached a settlement Friday over a lawsuit that alleges the asset management company downplayed how big a role environmental, social and governance proposals play in the investment process. The settlement is a new move for the red state, which has launched attacks on companies that have ESG goals, including […]
Climate group suspends activities days after BlackRock quits
A coalition of investment giants turned self-proclaimed climate campaigners appears to be in tatters as it ceased operations on Monday amid a backlash against “woke” capitalism. The Net Zero Asset Managers (NZAM) initiative was rocked last week by the withdrawal of BlackRock, the world's largest investor, as The Post exclusively reported. Larry Fink's firm, which […]
Treasury Pick Scott Bessent to Divest BlackRock Bitcoin ETF Before Trump's Inauguration – Decrypt
With less than a week left until President-elect Donald Trump's inauguration, billionaire hedge fund manager and Treasury Secretary candidate Scott Bessent is investing in a variety of stocks, including shares in the BlackRock Bitcoin ETF (IBIT). Preparations are underway to sell the assets. The sale follows federal ethics guidelines, which require nominees to sell certain […]
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions – PYMNTS.com
asset manager black rock is reportedly facing new deadlines over investments in government-backed banks. of The company missed the Jan. 10 deadline issued by the federal government. Federal Deposit Insurance Corporation (FDIC) and now has until February 10 to resolve issues related to the company's oversight of bank investments.Bloomberg News reported Sunday (January 12), citing […]
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports – Yahoo Finance
(Reuters) – The Federal Deposit Insurance Corporation has given BlackRock a new deadline of Feb. 10 to resolve issues related to its oversight of asset managers' investments in FDIC-regulated banking organizations, Bloomberg News said. reported on Sunday, citing three people familiar with the incident. Case. If sufficient progress is not made toward resolving the issue, […]